R 432.1510

R 432.1510 Exercise of due diligence in debt transaction required.

Last amended: 2000Year: 2026Length: 66 wordsOfficial source

Cite as Mich. Admin. Code R 432.1510

Rule 510. A person that applies for or holds a casino license in Michigan, or a holding company or affiliate that has control of a person that applies for or holds a casino license in Michigan, shall exercise due diligence to reasonably ensure that each person that he or she enters into a debt transaction with is suitable for licensure under the act and these rules.
R 432.1510: R 432.1510 Exercise of due diligence in debt transaction required. | Justis AI